Corporations Act 2001
Note: This Part does not apply to a CCIV or its members. Instead, section 1228A applies a modified version of Part 2G.4 .
View history note
Hide history noteThe liquidator of a company that is being wound up may lodge an application with ASIC to exempt the company from section 250N .
250PAB(2)
The administrator of a company under administration may lodge an application with ASIC to exempt the company from section 250N .
250PAB(3)
The administrator of a deed of company arrangement may lodge an application with ASIC to exempt the company from section 250N .
250PAB(3A)
The restructuring practitioner for a company under restructuring may lodge an application with ASIC to exempt the company from section 250N .
250PAB(3B)
The restructuring practitioner for a restructuring plan for a company may lodge an application with ASIC to exempt the company from section 250N .
250PAB(4)
If an application is lodged under subsection (1), (2) or (3), ASIC may, by writing, exempt the company from section 250N .
250PAB(5)
The exemption may be:
(a) unconditional; or
(b) subject to one or more specified conditions.
250PAB(6)
ASIC must cause a copy of the exemption to be published in the Gazette .
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